The inquiry was requested by the Chinese Alcoholic Drinks Association, which asked the regulator to look into 10 Australian wine producers, including Treasury Wine Estates, the maker of Penfolds, and Accolade wines. "Australian wine is not sold at below market prices and exports are not subsidised," Birmingham said. China's imports of Australian wine more than doubled to 12.08 million liters between 2015 and 2019, the association said. Over the same period, the market share of domestic wine fell from 74.4 percent to 49.6 percent, it said. "The export data doesn't support any facts that we're dumping wine," said David Harris, managing director of South Australian Wine Group, which was named in the investigation.

Source: The Standard August 18, 2020 05:37 UTC